Buy Triveni Eng. at current level for good upswing. This stock has crossed all time high at 109 couple of months back and then consolidated for about a month. Triveni broke its range this week with good volume and good volume support.
Flag Pattern on daily chart. This stock is consolidating from last 2 weeks in this range and might give a good swing on the upside if price closes above 900 on daily closing. Stock has recently crossed all time high with great volume.
IIFL Securities has given a ascending triangle pattern breakout with breaking its all time high price of 65.5 on weekly chart.
CMP : 75.85
Target : No Target, Let your profits run as long as your trailing stop isn't hit.
Trailing Stop : 60.5 (10 weeks EMA), will go up every week.
Merits:
1. Ascending Triangle Pattern Breakout
2. Weekly closing above "All time...
